Nifty Prediction for 6 November 2026: Key Support and Resistance

Nifty closed at 24,536.60 ahead of the 6 November 2026 trading session. After the recent upward movement, traders should closely monitor the immediate support zone of 24,450–24,380.

If this support zone holds on a sustained basis, Nifty may attempt another upward move towards 24,580–24,680. A sustained move above this resistance zone could open the way towards 24,905 and 25,050.

On the other hand, a decisive breakdown below 24,380 could trigger profit booking towards 24,250–24,150 and lower support levels.

1. Nifty Market Snapshot – 6 November 2026

2. Nifty Support and Resistance Levels

3. Nifty Trading Strategy: Two Possible Scenarios

Scenario 1: Support Holds at 24,450–24,380

If Nifty manages to sustain above the immediate support zone after opening, buying interest may emerge. The index could then attempt to move towards 24,580–24,680.

If Nifty breaks above 24,680 and sustains at higher levels, the next upside references will be 24,905 and 25,050.

Scenario 2: Breakdown Below 24,380

If the 24,450–24,380 support zone fails to hold and Nifty sustains below it, profit booking may increase. The index could then move towards 24,250–24,150.

Further weakness may bring the lower support zone of 24,020–23,900 into focus.

4. What Do the Moving Averages Indicate?

Nifty is trading above its 20-hour EMA of 24,053 and 40-hour EMA of 23,700. The 20-hour EMA is positioned above the 40-hour EMA, indicating a positive hourly moving-average structure.

On the daily timeframe, the 20-day EMA stands at 23,220 and the 40-day EMA at 23,221. These averages are almost identical, indicating that the daily moving-average relationship is currently very close to neutral.

Price action around the immediate support and resistance zones will therefore remain important for assessing the next move.

5. The Most Important Nifty Levels for 6 November

24,450–24,380 is the key support zone to monitor. The market's ability to hold this area could determine whether the upward momentum continues.

• Support holds: Potential move towards 24,580–24,680.
• Breakout above 24,680: Next levels at 24,905 and 25,050.
• Support breaks: Downside levels at 24,250–24,150.
• Further weakness: Lower support at 24,020–23,900.

The short-term trend reversal level has not been specified in the supplied data. Traders should avoid assuming a separate reversal level without additional confirmation.

6. Investor Takeaway

Indian-Share-Tips.com Nifty Expert Gulshan Khera, CFP®, who is also a SEBI Regd Investment Adviser, observes that Nifty's immediate support at 24,450–24,380 will be crucial for the 6 November trading session. If this zone holds, the index may attempt another upward move towards 24,580–24,680 and higher levels. However, a sustained breakdown below 24,380 could invite profit booking towards 24,250–24,150.

Traders should focus on price sustainability around the identified levels rather than reacting to short-term market fluctuations. Disciplined risk management remains essential.

7. Frequently Asked Questions

Q1. What is the immediate Nifty support for 6 November 2026?
The immediate support zone is 24,450–24,380.

Q2. What is the immediate Nifty resistance?
The immediate resistance zone is 24,580–24,680.

Q3. What are the next upside levels above 24,680?
The next upside levels are 24,905 and 25,050.

Q4. What are the next downside levels if support breaks?
The next support zone is 24,250–24,150, followed by 24,020–23,900.

Q5. What is the 20-hour EMA of Nifty?
The 20-hour EMA is 24,053.

Q6. Does holding above 24,380 guarantee further upside?
No. Holding support may create an opportunity for an upward move, but traders should wait for confirmation from price action.

Disclaimer

This article is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell securities. The support, resistance and EMA figures are based on the market data supplied for 6 November 2026 and have not been independently verified. Market conditions can change rapidly. Derivatives trading involves substantial risk. Consult your SEBI-registered investment adviser before making investment decisions.

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